4410 38th Ave - Multi-Family FOR SALE


Vero Beach, FL 32967
$470,000 USD
850-660-7415
4410 38th Ave, Vero Beach, FL for Sale
$470,000 USD
Multi-Family - FOR SALE
1/53
null | Request Cap Rate

4410 38th Ave
Vero Beach, FL 32967


HIGHLIGHTS

  • 1,512 SF Commercial Building – Dual-Use Property with Income Potential Two-building setup featuring a restaurant and 7-room boarding house
  • Prime Location – 4410 38th Ave, Vero Beach, FL 32967 (Indian River County) Situated near Downtown Vero Beach and local beaches
  • Flexible Commercial Zoning (CL – Commercial Light) Permits a wide range of uses including retail, office, medical, restaurant/QSR
  • Fully Serviced Corner Lot – 7,405 SF (0.17 AC) Connected to water, sewer, and electric, with excellent road access and no flood zone concerns.

OVERVIEW

Address: 4410 38th Ave, Vero Beach, FL, 32967 County: Indian River County Zoning: CL (Commercial Light) Parcel ID: 32-39-27-00000-3000-00005.0 Building size: 1,512 sqft Land size (sqft): 7,405 Land size (acre): 0.17 Layout: 2 buildings (Restaurant & Boarding House) Sewer: Connected Water: Connected Electric: Connected Flood Zone: No Road Access: Yes Opportunity zone: False Potential Development: Retail Store/Plaza, Office Building, Medical Office building, General Commercial buildings, Restaurant/Cafe/ QSR, etc. Investment Highlights Potential Gross Rent: $4,744.00/month Potential NOI: $56,928.00 Rentable Sqft: 1,266 Showing property visits by appointment only. Call\ Text to schedule Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes. We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner. All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

FOR SALE DETAILS

PRICE

$470,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

2

PRICE/UNIT

$235,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1,512 sqft Building | Vero Beach, FL

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

CL

APN/PARCEL ID

32-39-27-00000-3000-00005.0

ASK ABOUT THIS PROPERTY

Dror AttiasAcre ExpertMore Info
850-660-7415

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Dror AttiasAcre ExpertMore Info
850-660-7415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.